The federal government's carbon tax will cost every Australian $40,000 in the period to 2050 and a cost-benefit analysis should be conducted before it passes into law, an opposition-dominated Senate committee says.
The select committee on the scrutiny of new taxes on Friday tabled a 361-page report in parliament looking at whether a carbon tax should be brought in at a time of uncertainty about the global economy and whether there will be a concerted international effort to cut carbon emissions..............................................Full Article: Source